Tellurian to expand in Haynesville despite drilling pause
Tellurian will pause its natural gas drilling operations in the Haynesville Shale due to low prices,...
Tellurian will pause its natural gas drilling operations in the Haynesville Shale due to low prices, aiming to maintain production levels steady at around 200 MMcf/d this year and defer new well drilling until prices rebound, Executive Chairman Charif Souki has announced. The company plans to expand its nearly 31,000-acre position in the region by 20,000 acres by the end of 2024, as it looks to fully cover the feed gas needs of its proposed Driftwood LNG export terminal in Louisiana with its own production.
Kentucky Derby favorite Forte scratched in stunning turn of events
Forte, who was slated to be the favorite...
Forte, who was slated to be the favorite for Saturday’s Kentucky Derby, was scratched on the morning of the race.
The decision was made after Forte went through his routine gallop Saturday morning and a veterinary inspection. Forte’s defection adds to a strange and tragic week at Churchill Downs that began with the death of Wild On Ice, who was euthanized after a training injury. Two other horses were euthanized after suffering on-track injuries.
Despite recent declines in refining margins and pump prices, US refiners Valero Energy, Marathon Petroleum...
Despite recent declines in refining margins and pump prices, US refiners Valero Energy, Marathon Petroleum and ExxonMobil maintain an optimistic outlook. They anticipate that weakening margins in Asia and Europe, coupled with lower natural gas prices, sustained fuel demand and the upcoming summer driving season, will boost US crack spreads.
Warren Buffett will preside over Berkshire Hathaway’s 59th ...
Warren Buffett will preside over Berkshire Hathaway’s 59th annual shareholders meeting today—an event expected to draw a large crowd to Omaha, Nebraska. Everyone will be watching to see what Buffett has to say about the economy, the state of the banking sector, his big bet on Apple, and his struggling “favorite child,” Geico. Shareholders will also vote on six proposals on climate change, political advocacy, and the firm’s leadership, all of which Buffett opposes.
King Charles III has been crowned at Westminster Abbey in London, in a lavish ceremony not seen for seven decades.
LONDON — Britain’s Charles III was crowned king on Saturday, during an eighth-century ritual in a...
LONDON — Britain’s Charles III was crowned king on Saturday, during an eighth-century ritual in a 21st-century metropolis with a handful of concessions to the modern age but the unabashed pageantry of a fairy tale, unseen since the coronation of Queen Elizabeth II, his mother, in 1953.